Index Description: BLSNTR is a rules-based index that tracks the
overall performance of the largest and most liquid publicly traded Israeli and
Israeli-linked companies, as well as mid-cap and small-cap Israeli and
Israeli-linked companies that display sufficient liquidity.

Trading Information

Fees & Expenses2

Management Fee

0.50%

Other Expenses

0.44%

Gross Expense Ratio

0.94%

Fee Waivers andExpense Reimbursement

-0.35%

Net Expense Ratio/TER2

0.59%

2 Expenses for ISRA are capped contractually at 0.59% until at least May 1, 2015. Cap excludes certain expenses, such as interest. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio". See Important Disclosure for more information.

The table presents past performance which is no guarantee of future results and which may be lower or higher than current performance. Returns reflect temporary contractual fee waivers and/or expense reimbursements. Had the ETF incurred all expenses and fees, investment returns would have been reduced. Investment returns and ETF share values will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. ETF returns assume that dividends and capital gains distributions have been reinvested in the Fund at NAV.

The "Net Asset Value" (NAV) of a Market Vectors Exchange Traded Fund (ETF) is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Market Vectors ETF investors should not expect to buy or sell shares at NAV.

Important Disclosure

Van Eck Global only serves professional clients in countries where the funds are registered or where funds can be sold in accordance with local private placement rules.

130-Day SEC Yield is calculated daily,
and is a standard yield calculation developed by the Securities and Exchange
Commission that allows for fairer comparisons primarily among bond funds. It is
based on the most recent 30-day period. This yield figure reflects the
interest earned during the period after deducting the fund's expenses for the
period. It does not reflect the yield an investor would have received if they
had held the fund over the last twelve months assuming the most recent NAV.
In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for Market Vectors Israel ETF would have been 1.46% on 03/30/2015.

2ISRA Fees &
Expenses: Van Eck Associates Corporation (the “Adviser”) has
agreed to waive fees and/or pay Fund expenses to the extent necessary to
prevent the operating expenses of the Fund (excluding acquired fund fees and
expenses, interest expense, offering costs, trading expenses, taxes and
extraordinary expenses) from exceeding 0.59% of the Fund’s average daily net
assets per year until at least May 1, 2015. During such time, the expense
limitation is expected to continue until the Fund’s Board of Trustees acts to
discontinue all or a portion of such expense limitation. TER, or Total Expense Ratio, is also referred to as "Net Expense Ratio".

4IIV is an abbreviation for an ETF's intraday
indicative value; it is an estimated fair value of its holdings based on the
most recent prices of its underlying securities and other assets. Intraday
values are typically updated every 15 seconds and should closely approximate
the net asset value (NAV) of an ETF throughout the trading day. ETF intraday
values are calculated by an exchange (e.g., the NYSE Arca) and are
distributed through quote services.

An investment in the Fund may be subject to risks which include, among others, dependence on imports and key trade partners, hostile relationships with neighboring countries, and terrorist acts, all of which may adversely affect the Fund. Foreign investments are subject to risks, which include changes in economic and political conditions, foreign currency fluctuations, changes in foreign regulations, and changes in currency exchange rates which may negatively impact the Fund’s return. Small- and medium-capitalization companies may be subject to elevated risks. The Fund’s assets may be concentrated in a particular sector and may be subject to more risk than investments in a diverse group of sectors.

The BlueStar Israel Global Index® is the exclusive property and a trademark of BlueStar Global Investors LLC and has been licensed for use for certain purposes by Van Eck Associates Corporation for Market Vectors Israel ETF (the “Fund”) based on the BlueStar Israel Global Index®. The Fund is not sponsored, endorsed, sold or promoted by BlueStar Global Investors LLC, and BlueStar Global Investors LLC makes no representation regarding the advisability of trading in the Fund.

Index returns are not Fund returns and do not
reflect any management fees or brokerage expenses. Investors can not invest
directly in the Index. Returns for actual Fund investors may differ from what
is shown because of differences in timing, the amount invested and fees and
expenses. Index returns assume that dividends have been reinvested.

The
S&P 500® Index consists of 500 widely held common stocks covering
industrial, utility, financial and transportation sector; as an Index, it is
unmanaged and is not a security in which investments can be made.

The
“Net Asset Value” (NAV) of a Market Vectors Exchange Traded Fund (ETF) is
determined at the close of each business day, and represents the dollar value
of one share of the fund; it is calculated by taking the total assets of the
fund, subtracting total liabilities, and dividing by the total number of
shares outstanding. The NAV is not necessarily the same as the ETF’s intraday
trading value. Market Vectors ETF investors should not expect to buy or sell
shares at NAV.

Fund shares are not individually redeemable and will be
issued and redeemed at their NAV only through certain authorized
broker-dealers in large, specified blocks of shares called "creation units"
and otherwise can be bought and sold only through exchange trading. Creation
units are issued and redeemed principally in kind. Shares may trade at a
premium or discount to their NAV in the secondary market. You will incur
brokerage expenses when trading Fund shares in the secondary market. Past
performance is no guarantee of future results. Returns for actual Fund
investments may differ from what is shown because of differences in timing,
the amount invested, and fees and expenses.

Investing involves
substantial risk and high volatility, including possible loss of principal.
Bonds and bond funds will decrease in value as interest rates rise. An
investor should consider the investment objective, risks, charges and
expenses of the Fund carefully before investing. To obtain a prospectus
and summary prospectus, which contains this and other information, call
888.MKT.VCTR or visit marketvectorsetfs.com. Please read the prospectus
and summary prospectus carefully before investing.